Mostafiz Uddin

One of my favourite quotes goes something like this: “The world will not be destroyed by those who do evil but by those who watch them without doing anything.” The quote is by Albert Einstein and was made with reference to how easy it is for tyrannical leaders to take power and wreak havoc.

A new study by the International Labour Organisation (ILO) suggests that the impact of the coronavirus pandemic will be deep and long-lasting.

The huge changes we are seeing in the global apparel industry right now are bewildering and unsettling for many of us. A tsunami has swept through the Bangladesh apparel sector and it is hard to believe that things will ever be quite the same again in our industry.

The coronavirus pandemic has wreaked havoc within the global apparel industry and its supply chains and continues to have a devastating impact on sourcing hubs such as our own.

Running a business is a hard slog. It involves long hours, lots of stress, lots of responsibility and rarely a time to switch off and relax. I am not complaining—that is the life I have chosen, and I feel blessed I have been given the privilege to run my own company.

One of the most disappointing aspects of the Covid-19 crisis, which has done so much damage to our industry, was with regard to some of the emails and letters businesses received from their apparel brand customers.

One thing there has yet to be much discussion about since the onset of the Covid-19 pandemic is the issue of waste. We know that hundreds of millions of dollars’ worth of garment and textile orders have been cancelled or postponed.

“If you don’t know your own value, somebody will tell you your value, and it’ll be less than you’re worth,” stated Bernard Hopkins Jr, one of the most successful boxers of the past three decades.

In the United Kingdom, they have a small but thriving garment industry in Leicester, an industrial city about 100 miles north of London.

The past two decades have seen the onward march of the corporate social responsibility agenda in the global apparel industry.

Three months after most of the major global markets of Bangladeshi garments entered a lockdown period and closed many of their shops, we are beginning to get a better picture of how the industry might look as we move beyond Covid-19.

We need to do better. We need a complete “industry reset”. We “cannot go back to the way things were before”. I hear all of these sentiments and read about them each day on my various social media feeds. Part of me thinks, “yes, we must strive for a better industry”.

I have posted on social media regularly about the issue of brands delaying payments to suppliers in the wake of growing concerns about Covid-19.

There are very few positives to be taken from the past few weeks as Covid-19 has wreaked havoc around the world, killing otherwise healthy people—and placing otherwise healthy businesses on life-support. In fact, as I write this, a great many garment suppliers globally are in urgent need of their own “intensive care”. Cash is the lifeblood of our industry, and right now, many thousands if not tens of thousands of garment factories around the world are running out of it.

The Covid-19 pandemic is wreaking havoc throughout the global fashion industry. A recently updated report by McKinsey and Company and the Business of Fashion—“The State of Fashion 2020”—states that the global fashion industry will face a 27 percent to 30 percent contraction in business due to the outbreak of the virus.

The building of trust, meaningful relationships between manufacturers and customers in the global apparel industry has played a vital role in the continuing success of the sector.

The world is reeling from the aftershocks of the outbreak of the COVID-19 pandemic and the effects are being felt across all strata of society.

The current global COVID-19 crisis has placed severe strain upon the apparel industry supply chain, with Bangladesh Ready-Made Garment (RMG) manufacturers and related ancillary industries feeling the financial effects of the global collapse in clothing retail.

What does a “contract” actually mean? I am sure many garment factory owners have been pondering over this issue these past few weeks. Here’s a simple definition of a contract: “A written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.”

It has taken more than four decades of incredibly hard work to build up the Bangladeshi RMG industry. In fact, the first export-oriented RMG industry of Bangladesh began when Daewoo of South Korea established a joint venture in 1977, almost 43 years ago.